There are a lot of different ways to get an internet cash advance, but none of them beat doing the work yourself! That might not seem like the “easy” way to do it on the surface, but once you have a better understanding of how cash advances on the internet work, it will make perfect sense. In this post I want to walk you through the process of finding the right cash cash advance, or you can just look at our list of cash advance lenders!
This all starts by finding actual lenders, not “loan matching services”. The reason you want to go directly to the lender is to prevent problems down the line. Whenever you use a loan matching website your personal information shopped out to dozens of different companies, which can compromise your identity!
Another problem that comes from those services is that not all of their lenders are legit. Many of them are based off shore in countries like Jamaice and Costa Rica, where they don’t have to adhere to your local cash advance laws. Most of the time this is safe, but there have been reports of people paying astronomical interest rates and fees. It’s simply not worth the risk to take this route.
Finding internet cash advances is a simple process (or you can just take a look at the link above, we’ve already done it for you). There are a few things that you’re going to be looking for on their websites. The first is a place for returning customers to log in to their accounts. A company that doesn’t lend money, but helps people get approved with other companies isn’t going to have any returning customers, so they will not have a place for this. The second thing to look for is a chart that shows the interest rates for the state that you live in. This shows that they are licensed to lend in your state and is a verification that they actually lend. A loan matching service can’t provide rates since they’re different for each company that they shop your info out to.
Once you have a few different sites in mind, find that rates page on each and compare their rates to find the most affordable ones. Shopping for the best rates is really that easy, and only take a few minutes.
Another thing that you should be looking for is whether or not the company requires you to fax them your paperwork. This isn’t exactly a deal breaker, but it’s definitely nice to not have to fax them anything! Most lenders will advertise this right on the home page, but if it’s not there it will generally be in the FAQ section on their site. It’s important to know that even if a lender is no fax, you may still have to fax them paperwork. This happens when there is something on your application that they are unable to verify. To prevent this you have to be a clear and honest on your application as you possibly can.
You can expect it to take about an hour to find an internet cash advance this way, but the time you spend is well worth it because of the huge problems that you’re preventing.
Using internet cash advances isn’t as fast as using a lender that is in your area. It’s definitey easier, but your bank has to approve the money being transferred into your bank account, which will normally take a business day. The same holds that are put on checks that you deposit are put onto funds transfers like this. A local cash advance will cut you a check that you can cash there or take to your bank to cash it.
Internet cash advances are the future of borrowing money, and are extremely easy, but the key is to do the work yourself. It isn’t hard to do, and you’ll thank yourself later when you haven’t been screwed over by shady lenders or had your identity stolen!
